We present a novel setup to measure the transverse magneto-optical Kerr
effect in the extreme ultraviolet spectral range at exceptionally high
repetition rates based on a fiber laser amplifier system. This affords a very
high and stable flux of extreme ultraviolet light, which we use to measure
element-resolved demagnetization dynamics with unprecedented depth of
information. Furthermore, the setup is equipped with a strong electromagnet and
a cryostat, allowing measurements between 10 and 420 K using magnetic fields up
to 0.86 T. The performance of our setup is demonstrated by a set of
temperature- and time-dependent magnetization measurements showing distinct
element-dependent behavior